View a brief video, detailing the application process for the Creative Industries Grant Fund
Month: August 2023
Tune in to hear from Invest Atlanta staff as they detail the application process for the Creative Industries Grant Fund and answer participant questions.
Learn more about the digital platform for buyers and sellers in Metro Atlanta
Learn more about the resources available to small business owners at ATLinBusiness
Join Invest Atlanta staff to learn more about the Commercial Down Payment Assistance Program, a loan program made available through the Atlanta Open for Business fund.
Join Invest Atlanta and IPComm to Learn Best Practices for Marketing your Small Business
Join Invest Atlanta and IPComm to Learn Best Practices for Marketing your Small Business
Join Invest Atlanta staff to learn more about the funding resources available to small businesses through Invest Atlanta
If we have learned nothing else from the pandemic, we should now know that planning for the unexpected is the new norm. Creating a separate account for these expenses is no longer a “rainy day” strategy, rather it is to be anticipated and written into the DNA of all businesses. Whether the business is large or small, if unexpected expenses hit, the strain on the business will be hard to bare. During the two-year covid 19 pandemic and shutdown, the majority of businesses had not planned to be closed for that significant amount of time. With no income coming in they quickly exhausted their limited business savings and profit margins dropped precariously.
Layoffs and loss of commercial spaces quickly ensued and many businesses and families are still trying to recover. Creating a rainy-day fund of 6-9 months would be a good use of business profits and tax refunds. Instead of that annual cruise or red bottom shoes, building up a fund to cover unexpected expenses would be a sound strategy.